126 Ferndale Avenue

Norwood West, Winnipeg

Property score

62.9

Fair

Overall 62.9 · Smaller and older than most nearby homes

1,104 sqft (bottom 24%) · Built in 1922 (15 yrs older than avg)

Located in a high-income area with median household income of ~104k

Transit 82.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 3 schools, 2 parks, and 2 place of worships nearby

Living Area

Below average

22% smaller than neighborhood avg.

Year Built

Below average

15 yrs older than neighborhood avg.

Mother tongue

English · 78%French · 14%

Past 10 years Norwood West sales snapshot (~80% of all data)

Sold Count

269

Median price

425k

$/sqft

$266/sqft

Avg build year

1937

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Property score

62.9 is composed by the two sections below.

Property Score

48.5Low
Living Area1,104 sqft60Fair
Year Built192220Low
Lot Size3,959 sqft46Low
Neighbourhood Sales Activity32Low

Community Score

84.5Excellent
Household Income86Excellent
Education Level82Excellent
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health68Good

Neighbourhood Sales

Norwood West

How to read: Share of sales in each ~$50k price band for “norwood west” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

1,196

sold

1,852

new listings

Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba

Sold Above Asking

65%

Majority sold above asking

68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026

With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110555

Community deep dive

$104K

Median household income

$137K

Average household income

6%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.0

P90 / P10 ratio

24%

Single-person households

29%

Families with children

Population, labour & age

Population (2021)498
Labour force participation rate67%
Median age43.6
Avg household size2.4
Unemployment rate10%
Population density3112 / km²

Households & income

Low income (LIM-AT, % pop.)6%
Single-person households24%
Couple families with children29%
Median household income (2020)$104K

Housing

Renter households12%
Condominium dwellings0%
Median dwelling value (owners)$400K

Diversity, education & language

Immigrants (share of pop.)8%
Visible minority3%
Bachelor's or higher (25–64)42%
Mother tongue (1st)English · 77%
Mother tongue (2nd)French · 14%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
1,104 sqft
0255075100
Same streetBottom 26%Same areaBottom 24%CitywideBottom 40%
Same street · Ferndale Avenue
#73 / 98
Bottom 26% · Avg 1,431 sqft
Same area · Norwood West
#753 / 992
Bottom 24% · Avg 1,420 sqft
Citywide · Winnipeg
#116,454 / 194,458
Bottom 40% · Avg 1,342 sqft

Tax-Assessed Value

around average
346k
0255075100
Same streetBottom 15%Same areaBottom 21%CitywideBottom 45%
Same street · Ferndale Avenue
#83 / 98
Bottom 15% · Avg 413.4k
Same area · Norwood West
#781 / 992
Bottom 21% · Avg 426.1k
Citywide · Winnipeg
#107,313 / 194,458
Bottom 45% · Avg 390.1k

Year Built

around average
1922
0255075100
Same streetBottom 35%Same areaBottom 24%CitywideBottom 14%

Lot Size

below average
3,959 sqft
0255075100
Same streetBottom 10%Same areaBottom 13%CitywideBottom 25%

To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

126 Ferndale Avenue — 7 amenities found within 500 m, across 3 categories, including 3 education (nearest 363 m), 2 parks (nearest 409 m).

Search radius
🏫Education3
🌳Parks2
Worship2

Crime & Safety

Norwood West · WPS public data · 2026

Annual incidents

6

2026

vs. city avg

-80%

relative to avg

Year-over-year

-97%

vs. prior year

Primary type

Violent

50%

Sales History

Sold 5/2024CA$400k–450k
Sold price

Same street

Bottom 38%

Same area

Top 47%

City-wide

Top 31%

Related homes

Highlights & common questions: 126 Ferndale Avenue, Winnipeg

Property Overview: 126 Ferndale Avenue, Norwood West

Key Characteristics & Appeal

This 1,104 sqft home, built in 1922, presents a classic Norwood West character property on a 3,959 sqft lot. Its core appeal lies in its position as a relatively affordable entry point into a well-established neighbourhood. The assessed value of $346k is notably below the local area average, which could indicate an opportunity for a buyer comfortable with a home of vintage charm that may require updates. The living space is compact compared to immediate neighbours, suggesting a efficient, manageable layout rather than a sprawling one.

This home would suit a first-time buyer, a downsizer, or an investor looking for a character property with solid fundamentals in a central location. Its below-average metrics for lot and living area compared to the street and area mean it likely offers a lower-maintenance yard and a cozy interior, which can be a practical advantage. A thoughtful perspective is that its "below average" size and value within a desirable area are precisely what make it accessible, offering the neighbourhood lifestyle without the premium price tag of its larger counterparts.

Frequently Asked Questions

1. Is the assessed value a reliable indicator of the likely selling price?
Not always. The assessed value of $346k is for municipal tax purposes. The recent sold price range of $400k-$450k from May 2024 is a more current market indicator, suggesting the home may sell for a premium to its assessed value.

2. How does the lot size impact potential for expansion or renovation?
At approximately 3,960 sqft, the lot is smaller than many in Norwood West. This may limit options for large additions or a detached garage, but it is still sufficient for a decent yard and may be suitable for a thoughtfully designed rear extension, subject to zoning approvals.

3. What should I consider with a home built in 1922?
While offering character, a home of this age will likely have older building systems (like plumbing, electrical, and insulation). A thorough inspection is essential to understand the condition and budget for any necessary updates or repairs.

4. The data shows the home is "below average" in many categories for the area. Is this a concern?
This statistical context is useful for comparison but doesn't define the property's worth. It primarily indicates this is a more modestly sized and valued home on its street—a potential advantage for buyers seeking affordability in the neighbourhood rather than the largest home on the block.

5. How can I verify the exact historical sold prices?
The site notes that exact sold figures are not displayed publicly due to industry rules. You can request the exact sold price history directly from the site via email, and they will provide the verified data manually.

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